Cadana February Roundup

Cadana February Roundup

Updates from February are here! We have added new exciting features and improvements to enhance your Cadana experience. Dive in!

🌍💸 Tax Compliance

W9 Tax Forms:
We're excited to announce that we are streamlining our tax processes with the introduction of W9 tax forms. This will make it easier for our users to comply with tax regulations and ensure a smooth experience when handling tax-related matters.

Learn more: https://cadanahelp.zendesk.com/hc/en-us/articles/16394233620381-Understanding-W-9-forms-US-contractors

🛡️Payment Precautions

Enhanced card-blocking rules for more convenient transactions:
Our enhanced card-blocking rule is designed to proactively safeguard suspected activities from external parties. In the event of suspicious transactions or unauthorized usage attempts, we've added new controls to ensure that your funds are further protected.

🔒 Security Enhancements

Unusual Login Notifications:
Your security is our top priority. With our new unusual login notifications feature, you'll receive instant alerts if there's any suspicious activity on your account. This added layer of security enhances your overall protection, giving you peace of mind.

🌍💸💳 Introducing More Global Payout Destinations!

Sierra Leonean Leone Momo Support:
Experience effortless transactions with the introduction of Mobile Money payouts to Sierra Leonean Leone! This integration contributes to our ongoing commitment to global payout expansion.

Direct Bank Payouts:

  • To Sweden: Great news for our users in Sweden! You can now enjoy quicker and more convenient transactions with our direct bank payouts to Sweden.
  • To Peru: Expanding our global reach, we're thrilled to introduce direct bank payouts to Peru. This enhancement offers a more efficient and direct way for our users in Peru to receive their payouts, eliminating unnecessary intermediaries.

Expanded Currency Support:
We are broadening our currency support for bank payouts to cater to the diverse needs of our global user base. Now, you can make payouts in the following additional currencies:

  • Colombian Peso (COP)
  • Hong Kong Dollar (HKD)
  • Hungarian Forint (HUF)
  • Japanese Yen (JPY)
  • Indonesian Rupiah (IDR)
  • Malaysian Ringgit (MYR)
  • Romanian Leu (RON)

👨🏽‍💻📲 User Experience Improvements

Better Beneficiary Management:
Managing beneficiaries is now easier than ever! Our improved beneficiary management system ensures a smoother experience when saving and searching for your beneficiaries. Enjoy greater control and convenience with our enhanced beneficiary management.